Dec 24, 2014 at 15:28 | Source: CNBC-TV18
The company is confident of funding the deal with internal accruals.
Dec 24, 2014 at 14:46 | Source: CNBC-TV18
CNBC-TV18's Sonia Shenoy lists out six stocks that you should focus on Ultratech Cement, JP Associates, Opto Circuits, Dr Reddys Lab, Max India, Reliance Capital, NTPC
Dec 24, 2014 at 12:45 | Source: Moneycontrol.com
Kotak maintains a sell rating on UltraTech with a revised target of Rs 2300 per share. It states that the enterprise value of Rs 5400 crore appears to be steep when seen in the context of recent transactions, including Rs 3800 crore (USD 123/ton) paid by UltraTech to acquire the cement assets of Jaiprakash in Gujarat.
Dec 24, 2014 at 10:38 | Source: CNBC-TV18
Manoj Gaur, executive chairman, Jaiprakash Associates says the deal is valued at Rs 900 crore per million tonne and the company now has around 20 MT of cement capacity.
Dec 24, 2014 at 09:27 | Source: CNBC-TV18
For a company with debt of around Rs 60,000 crore, Jaypee Group has little other option, but to sell its assets, says Mangesh Bhadang, cement, construction analyst at Quant Broking.
Dec 24, 2014 at 09:15 | Source: Moneycontrol.com
The dollar hovered at its highest in nine years after stunningly strong US economic growth. The dollar index hit 90 for the first time in nine years, up more than 12 percent in 2014.
Dec 24, 2014 at 08:45 | Source: CNBC-TV18
Here are top 10 stocks to keep an eye on December 24 - GMR Infra, Torrent Pharma, JP Associates, Ultratech Cement, Nirlon, Godrej Industries, Sobha Developers, Fulford India, Marico and Gujarat Gas.
Dec 23, 2014 at 20:36 | Source: CNBC-TV18
Post this sale, JP Associates, the flagship company of the group will retain the position of the third-largest cement maker in the country by paring its debt considerably.
Dec 16, 2014 at 12:08 | Source: Moneycontrol.com
In some cases, JP Associates withheld principal amounts of fixed deposits, say sources. The company had launched FD scheme in 2012 for tenure of 1, 2, 3 years.
Dec 16, 2014 at 08:26 | Source: CNBC-TV18
Sun Pharma | Ranbaxy Labs | Maruti Suzuki | IDBI Bank | JP Associates | IOC | SpiceJet | Apollo Hospitals | CESC | Hindalco | Motherson Sumi | Indian Hotels | State Bank of Travancore | Seamec | Electrosteel Castings | Omaxe | Lloyd Electric | KEC International | Kolte-Patil Developers and Tree House are stocks, which are in the news today.